Common use of Syndicated Drawdown Clause in Contracts

Syndicated Drawdown. where more than one Dealer has agreed with the Issuer to subscribe a particular Tranche pursuant to this Clause 2, unless otherwise agreed between the Issuer and the Relevant Dealers: (a) the obligations of the Relevant Dealers so to subscribe the Notes shall be joint and several; and (b) in relation to such Tranche the Issuer and the Relevant Dealers shall enter into a subscription agreement in the form or based on the form set out in Schedule 3 (Pro Forma Subscription Agreement) or such other form as may be agreed between the Issuer and the Relevant Dealers; and

Appears in 2 contracts

Sources: Dealer Agreement, Dealer Agreement (Philip Morris International Inc.)

Syndicated Drawdown. where more than one Dealer has agreed with the Issuer to subscribe a particular Tranche pursuant to this Clause 2, unless otherwise agreed between the Issuer and the Relevant Dealers: (ai) the obligations of the Relevant Dealers so to subscribe the Notes shall be joint and several; and (bii) in relation to such Tranche the Issuer and the Relevant Dealers shall enter into a subscription agreement in the form or based on the form set out in Schedule 3 (Pro Forma Subscription Agreement) or such other form as may be agreed between the Issuer and the Relevant Dealers; and

Appears in 1 contract

Sources: Dealer Agreement

Syndicated Drawdown. where more than one Dealer has agreed with the Issuer to subscribe a particular Tranche pursuant to this Clause 2, unless otherwise agreed between the Issuer and the Relevant Dealers: (a) the obligations of the Relevant Dealers so to subscribe the Notes shall be joint and several; and (b) in relation to such Tranche the Issuer and the Relevant Dealers shall enter into a subscription agreement in the form or based on the form set out in Schedule 3 (Pro Forma Subscription Agreement) or such other form as may be agreed between the Issuer and the Relevant Dealers; and.

Appears in 1 contract

Sources: Master Dealer Agreement

Syndicated Drawdown. where more than one Dealer has agreed with the Issuer to subscribe a particular Tranche pursuant to this Clause 2, unless otherwise agreed between the Issuer and the Relevant Dealers: (a) the obligations of the Relevant Dealers so to subscribe the Notes shall be joint and several; and (b) in relation to such Tranche the Issuer and the Relevant Dealers shall enter into a subscription agreement in the form or based on the form set out in Schedule 3 (Pro Forma Subscription Agreement) or such other form as may be agreed between the Issuer and the Relevant Dealers; and.

Appears in 1 contract

Sources: Master Dealer Agreement